Asia-Pacific - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsia-Pacific: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2024
Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Asia-Pacific
The Asia-Pacific market for iron, steel or aluminium reservoirs, tanks, vats and similar containers totaled $X in 2020, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in the near future.
Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Asia-Pacific
In value terms, iron, steel or aluminium reservoir production rose modestly to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production reached the maximum level in 2020 and is likely to continue growth in the immediate term.
Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers
Exports in Asia-Pacific
In 2020, iron, steel or aluminium reservoir exports in Asia-Pacific totaled X units, picking up by X% on 2019 figures. The total export volume increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron, steel or aluminium reservoir exports rose modestly to $X in 2020. The total export value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2020 and are expected to retain growth in the immediate term.
Exports by Country
China was the largest exporter of iron, steel or aluminium reservoirs, tanks, vats and similar containers in Asia-Pacific, with the volume of exports reaching X units, which was near X% of total exports in 2020. Thailand (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%). India (X units), Singapore (X units) and Malaysia (X units) held a little share of total exports.
From 2012 to 2020, average annual rates of growth with regard to iron, steel or aluminium reservoir exports from China stood at X%. At the same time, Thailand (X%), Singapore (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2020. By contrast, Malaysia (X%) and India (X%) illustrated a downward trend over the same period. China (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia, South Korea and India saw its share reduced by X%, X% and X% from 2012 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest iron, steel or aluminium reservoir supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.
In China, iron, steel or aluminium reservoir exports expanded at an average annual rate of X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Thailand (X% per year).
Export Prices by Country
In 2020, the export price in Asia-Pacific amounted to $X per unit, which is down by X% against the previous year. In general, the export price saw a slight decrease. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2020, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while Singapore ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.
Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers
Imports in Asia-Pacific
In 2020, overseas purchases of iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by X% to X units, falling for the fourth year in a row after three years of growth. Over the period under review, imports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2020, imports failed to regain momentum.
In value terms, iron, steel or aluminium reservoir imports declined to $X in 2020. Overall, imports saw a mild descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain momentum.
Imports by Country
In 2020, South Korea (X units), distantly followed by the Philippines (X units), China (X units), Thailand (X units), Singapore (X units), Bangladesh (X units), Indonesia (X units), Australia (X units), Japan (X units) and India (X units) were the main importers of iron, steel or aluminium reservoirs, tanks, vats and similar containers, together generating X% of total imports. Vietnam (X units), Taiwan (Chinese) (X units) and Malaysia (X units) followed a long way behind the leaders.
From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest iron, steel or aluminium reservoir importing markets in Asia-Pacific were South Korea ($X), China ($X) and Japan ($X), together accounting for X% of total imports. Australia, Thailand, Vietnam, Singapore, India, Indonesia, the Philippines, Bangladesh, Taiwan (Chinese) and Malaysia lagged somewhat behind, together accounting for a further X%.
Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in Asia-Pacific stood at $X per unit in 2020, surging by X% against the previous year. Over the last eight years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2020 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was China ($X per unit), while the Philippines ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25291110 - Iron or steel reservoirs, tanks, vats and similar containers for gases, of a capacity > .300 litres (excluding compressed or liquefied gas, fitted with mechanical or thermal equipment)
- Prodcom 25291120 - Iron or steel reservoirs, tanks, vats and similar containers lined or heat-insulated, for liquids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
- Prodcom 25291130 - Iron or steel reservoirs, tanks, vats and similar containers for liquids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment, lined or heat insulated)
- Prodcom 25291150 - Iron or steel reservoirs, tanks, vats and similar containers for solids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
- Prodcom 25291170 - Aluminium reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
- Prodcom 25291200 - Containers for compressed or liquefied gas, of metal
Country coverage:
- Afghanistan
- American Samoa
- Australia
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Cook Islands
- Democratic People's Republic of Korea
- Fiji
- French Polynesia
- Guam
- Hong Kong SAR
- India
- Indonesia
- Japan
- Kiribati
- Lao People's Democratic Republic
- Macao SAR
- Malaysia
- Maldives
- Marshall Islands
- Micronesia
- Myanmar
- Nauru
- Nepal
- New Caledonia
- New Zealand
- Niue
- Northern Mariana Islands
- Pakistan
- Palau
- Papua New Guinea
- Philippines
- Samoa
- Singapore
- Solomon Islands
- South Korea
- Sri Lanka
- Taiwan (Chinese)
- Thailand
- Timor-Leste
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Vietnam
- Wallis and Futuna Islands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Asia-Pacific, split by region and country
- Trade (exports and imports) in Asia-Pacific
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Australia
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Hong Kong SAR
- Macao SAR
- Cook Islands
- Fiji
- French Polynesia
- India
- Indonesia
- Japan
- Kiribati
- Malaysia
- Maldives
- Marshall Islands
- Micronesia
- Myanmar
- Nepal
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Pakistan
- Palau
- Papua New Guinea
- Philippines
- Samoa
- Singapore
- Solomon Islands
- South Korea
- Sri Lanka
- Taiwan (Chinese)
- Thailand
- Timor-Leste
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Vietnam
- Wallis and Futuna Islands
- Lao People's Democratic Republic
- American Samoa
- Democratic People's Republic of Korea
- Nauru
- Niue
- Guam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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